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debt ceiling, Treasury secretary and August Bessent

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, Treasury Secretary Scott Bessent wrote to congressional leaders Friday, urging them to act even sooner,

Latin Times on MSN · 6d

Treasury Secretary Mocked for Proposing to Raise the Debt Ceiling Without Using 'Any Gimmicks': 'Printing Money IS the Gimmick'

Despite warnings that the U.S. could run out of money by July, Scott Bessent insisted the country will not default on its debts during a hearing on Tuesday.

USA TODAY on MSN · 3d

Treasury Secretary Scott Bessent: U.S. will hit debt limit in August

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a letter sent May 9 and viewed by USA TODAY. Otherwise, the federal government will hit the current debt ceiling sometime in August, Bessent wrote.

U.S. Treasury Secretary says "substantial progress" made in China tariff talks but details remain scarce

Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...

3don MSN

Trump to shift consumer watchdog pick to senior Treasury role

U.S. President Donald Trump's pick to lead the Consumer Financial Protection Bureau, Jonathan McKernan, has instead been ...

Shacknews1d

United States and China agree to temporarily suspend or cut most tariffs for 90 days

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted ...

AlterNet on MSN16h

'It's Trump who blinked': Former treasury secretary rips president over China negotiations

Former Treasury Secretary and economic analyst Lawrence Summers has said that President Donald Trump "blinked" during the United States' recent negotiations with China, in which both countries agreed ...

5don MSN

Treasury's Bessent says US should be 'premier destination' for digital assets

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks ...

US and China advance tariff talks, says Treasury Secretary Bessent

U.S. negotiators said Sunday that "substantial progress" was made and "perhaps the differences weren't so large" after two ...

Tuko News on MSN6d

No signs of US recession, Treasury Secretary says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a ...

Cryptopolitan on MSN4d

Ripple’s Brad Garlinghouse addresses Treasury’s Bessent and calls for clear crypto and stablecoin regulation

Ripple CEO Brad Garlinghouse urges U.S. lawmakers to pass clear crypto and stablecoin regulations after the Senate fails to ...

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